BlackRock ESG Capital Allocation Term Trust
ECAT
55 hedge funds and large institutions have $274M invested in BlackRock ESG Capital Allocation Term Trust in 2022 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 25 increasing their positions, 12 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
108% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 12
12% more funds holding
Funds holding: 49 → 55 (+6)
12% more capital invested
Capital invested by funds: $245M → $274M (+$28.7M)
4.17% more ownership
Funds ownership: 16.78% → 20.94% (+4.2%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$37.4M |
| 2 |
Morgan Stanley
New York
|
+$10.1M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$4.06M |
| 4 |
Cohen & Steers
New York
|
+$1.56M |
| 5 |
OFG
OTA Financial Group
Purchase,
New York
|
+$1.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$644K |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$419K |
| 3 |
LPL Financial
San Diego,
California
|
-$337K |
| 4 |
WT
Whittier Trust
South Pasadena,
California
|
-$215K |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$188K |
ECAT Hedge Fund Activity: Q3 2022 in Review
55 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in BlackRock ESG Capital Allocation Term Trust (ECAT) for Q3 2022, worth a combined $274M — up 12% from $245M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new ECAT positions and 4 closed out — a net gain of 6 holders — while 25 added to existing stakes and 12 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $37.4M. The largest seller was Thomas J. Herzfeld Advisors, cutting an estimated $644K.
- 55 institutional investors held BlackRock ESG Capital Allocation Term Trust (ECAT) as of Q3 2022, up from 49 in Q2 2022.
- Funds reported $274M of BlackRock ESG Capital Allocation Term Trust stock for Q3 2022, up 12% quarter-over-quarter.
- 10 funds opened new BlackRock ESG Capital Allocation Term Trust positions in Q3 2022 and 4 closed out, a net change of +6 holders.
- The largest BlackRock ESG Capital Allocation Term Trust buyer in Q3 2022 was Saba Capital Management, an estimated $37.4M added.
- The largest BlackRock ESG Capital Allocation Term Trust seller in Q3 2022 was Thomas J. Herzfeld Advisors, an estimated $644K sold.
Based on aggregated 13F filings for Q3 2022.